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Focus Shifts To 3540.03-3566.53...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Focus Shifts To 3540.03-3566.53
*RES 4: 3566.53 Low May 18 now resistance
*RES 3: 3543.81 Daily bear channel top off 2018 high
*RES 2: 3540.64 High June 15
*RES 1: 3516.60 Bollinger band top
*PREVIOUS CLOSE: 3509.26
*SUP 1: 3487.19 Hourly support July 26 
*SUP 2: 3460.00 Low July 25 
*SUP 3: 3444.55 21-DMA 
*SUP 4: 3418.06 Low July 12
*COMMENTARY: The rally Thursday resulted in a marginal close above the 200-DMA
(3506.41) that now sees initial focus shift to 3540.64-3566.53 where the bear
channel top off 2018 highs is noted. Bulls now need a close above 3566.53 to
initially target 3596.20 May highs with overall focus shifting to 3687.22 2018
highs. Bears need a close below 3487.19 to gain breathing room.

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